RBI Digital Lending & Annual Report MCQs 2026

1.

Which of the following is a mandatory requirement for banks under the 2026 Cybersecurity Framework?

A Annual third-party security audit

B Bi-annual board-level review of cyber risk

C Quarterly penetration testing

D All of the above

2.

Under the 2026 guidelines, what is the reporting timeline for any significant cybersecurity incident?

A Within 6 hours

B Within 12 hours

C Within 24 hours

D Within 48 hours

3.

What is the core objective of the RBI's 2026 Cybersecurity Framework update?

A To reduce the number of bank branches

B To enhance resilience against AI-driven cyber threats

C To mandate paperless banking

D To increase interest rates on savings accounts

4.

Which sector was identified as a key driver of credit growth in the RBI Annual Report 2026?

A Agriculture

B Personal Loans

C Manufacturing

D Services

5.

What was the projected GDP growth rate for India in the RBI Annual Report 2026?

A 6.5%

B 7.0%

C 7.2%

D 7.5%

6.

According to the RBI Annual Report 2026, what is the primary focus of the monetary policy stance?

A Withdrawal of accommodation

B Expansionary fiscal policy

C Neutral stance to ensure inflation alignment

D Aggressive rate cuts

7.

What is the mandatory cooling-off period introduced for digital loans in the 2026 guidelines?

A 3 days

B 7 days

C 15 days

D 30 days

8.

Which entity is responsible for the conduct of Lending Service Providers (LSPs) under the updated 2026 framework?

A The Ministry of Finance

B The Regulated Entity (RE)

C The Digital India Corporation

D The National Payments Corporation of India (NPCI)

9.

Under the 2026 RBI Digital Lending guidelines, what is the primary requirement for Regulated Entities (REs) regarding loan disbursals?

A Disbursals must be made directly into the borrower's bank account

B Disbursals can be made via third-party wallets only

C Disbursals can be made in cash for small amounts

D Disbursals are at the discretion of the Lending Service Provider (LSP)

Banking & Finance MCQs - 2026-08-25